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YouTubeThe Finance Storyteller
Income statement explained
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Day Trading on Instagram: "Warren Buffett has long preferred studying balance sheets over income statements when evaluating businesses. He focuses on low debt, rising retained earnings, and strong cash reserves, which provide stability and flexibility in tough times. This philosophy is evident in Berkshire’s record $347 billion cash pile, partly held because attractive investment opportunities are scarce. Buffett’s cautious, long-term approach ensures the company avoids unnecessary risk and main
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